Seek.The.Beat

Seek.The.Beat

Wellness and aesthetics business based in San Diego

Wellness and aesthetics business based in San Diego

Overview

Raised this Round: Raised: $2,550

Total Commitments ($USD)

Platform

Honeycomb

Start Date

09/06/2023

Close Date

10/06/2023

Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

11.75%

Year Founded

2018

Industry

Consumer Products, Goods & Services

Tech Sector

Location

La Mesa, California

Seek.The.Beat is raising funds on Honeycomb. The business, based in San Diego, is a wellness and aesthetics company specializing in services that promote overall well-being and beauty, including skin brightening, facials, waxing, and more. Catering to health-conscious individuals who value self-care, Seek.The.Beat aims to provide quality services that align with their customers' personal values. They have a 5-star rating on Google for their desired facials and salon services and have been profitable for the past two years, with a projected growth in revenue by 11% year-over-year in 2023. LaMya Thomas founded the company in 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for several key business enhancements, including creating their own wax for hair removal services, building out more wellness programs and events, and purchasing podcast equipment to reach a broader audience.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$98,318

$89,187

COGS

$27,434

$15,044

Tax

$0

$0

 

 

Net Income

$8,100

$16,685

Summary Balance Sheet

FY 2022 FY 2021

Cash

$800

$1,000

Accounts Receivable

$0

$0

Total Assets

$9,488

$7,000

Short-Term Debt

$10,442

$0

Long-Term Debt

$0

$0

Total Liabilities

$10,442

$0

Financials as of: 09/06/2023
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Seek.The.Beat on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt
Price per Share: $1.00

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